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A major investor in Voyager said that the collapse of FTX puts into jeopardy the company's bailout, with $1.3 billion of investor assets threatened. [10] Following the bankruptcy of FTX, the US subsidiary of Binance won the bid to buy the assets of Voyager for approximately $1 billion in December 2022. [11]
A U.S. bankruptcy court in New York approved crypto platform Voyager Digital’s request to return to customers US$270 million held in a custodial account at Metropolitan Commercial Bank (MCB ...
Yahoo Finance's Alexis Keenan discusses the lawsuit billionaire Mark Cuban is facing over allegations that he misrepresented his partnership with the now-bankrupt crypto firm Voyager.
Other crypto firms may be exposed to FTX by having held tokens on the exchange or by owning FTX's native token, FTT, which plunged around 94% last week. Some of FTX's investors have said they are ...
The company's collapse is believed to be partially responsible for the bankruptcy and failure of the crypto lender Voyager Digital and layoffs at Blockchain.com. FTX founder and CEO Sam Bankman-Fried blamed the company for causing a ripple effect that caused the bankruptcy of other crypto firms or led those firms to freeze assets during the ...
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Paul Atkins, Trump's crypto-friendly pick for SEC chair and former agency commissioner, is widely expected to end a crypto crackdown led by President Biden's Democratic SEC chair Gary Gensler, but ...
Three Arrows Capital, a cryptocurrency hedge fund, defaults on a $670 million loan from Voyager Digital, a cryptocurrency broker. [56] 30 June FTX announces they could acquire BlockFi, a crypto firm that had laid off 20% of their staff. [57] Late June Many crypto agencies begin to rethink their spending as their funds begin to dwindle. [58] 2 July